Timberland offered for luxury homes

December 14, 2008

Stimson Lumber, a Portland Ore., forestry company, has approached Bonner County officials in Northern Idaho with plans to turn 12,000 acres of timberland into a luxury homes development, according to an article in the Seattle Times. The project, which would contain 1,110 units and two golf courses, would require a rezoning permit, the newspaper reported.

Stimson, which owns and manages 500,000 acres of timberland in Idaho Montana, Oregon and Washington, would not develop the project itself. Company CEO Andrew Miller told county officials that the development, called Clagstone Meadows, would be forestalled for a number of years until the economy turns around, the Seattle Times said.